by our College Data Analytics TeamThe majority of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Maine Media College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Maine Media College offer, and what will you qualify for? Keep reading for more information. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Maine Media College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Maine Media College, some 25% of undergraduates were awarded an average grant or scholarship of $9,000 (across approximately 1 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $9,000 |
| Federal Pell grants | 0% | — |
| Federal student loans | 25% | $6,102 |
These indicators are derived from the underlying debt data and summarize the overall picture at Maine Media College.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Maine Media College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10 |
| Total Stafford loan amount | $189,405 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $72,807 |
| Average GI Bill amount per recipient | $36,404 |
References
More about our data sources and methodologies.